Barclays Revamps Asia Investment Banking Team Amid Global Capital Realignment
TMTPOST -- Barclays has unveiled a leadership reshuffle in its Asia Pacific investment banking division, part of a broader push to strengthen its regional footprint while reassessing global capital deployment.
Announced Thursday, the new executive appointments come as the British banking giant moves into the second half of a three-year plan to slash £2 billion ($2.73 billion) in costs. The strategy includes shifting resources away from investment banking toward higher-margin segments, underscoring a disciplined approach to capital allocation even as it seeks growth opportunities in Asia.
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